The American Economic Review, Volume 70American Economic Association., 1980 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association. |
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Página 618
... less than the real wage . However , in the export sector , the marginal product of labor is equal to the real wage . Consequently , the marginal rate of transformation between C and X must be less in absolute value than the relative ...
... less than the real wage . However , in the export sector , the marginal product of labor is equal to the real wage . Consequently , the marginal rate of transformation between C and X must be less in absolute value than the relative ...
Página 709
... less from high realizations of x , but also loses less when low values occur . Thus , risk is decreased . The reasoning here is similar to that employed by Tobin in his analysis of the effect of proportional taxation of unearned income ...
... less from high realizations of x , but also loses less when low values occur . Thus , risk is decreased . The reasoning here is similar to that employed by Tobin in his analysis of the effect of proportional taxation of unearned income ...
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... Less Developed Countries ' Exports . Concentration of Less Developed Countries ' Exports . Possible In- terpretations . Appendix : The Hirschman In- dex . DESTINATIONS OF LESS DEVELOPED COUNTRIES ' EXPORTS IN THE VICTORIAN ERA ...
... Less Developed Countries ' Exports . Concentration of Less Developed Countries ' Exports . Possible In- terpretations . Appendix : The Hirschman In- dex . DESTINATIONS OF LESS DEVELOPED COUNTRIES ' EXPORTS IN THE VICTORIAN ERA ...
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adjustment Amer AMERICAN ECONOMIC REVIEW analysis assets assumed assumption average behavior coefficient compensating variation consumer consumer's surplus consumption cost curve demand function downside risk Econ effect efficient elasticity equal equation equilibrium equity estimated exchange rate expected farms Figure firm foreign exchange foreign exchange market human capital implies income increase indifference curves industry inflation interest rate investment investors labor force LDCs marginal maximize measure ment mention THE AMERICAN monetary money illusion Nash equilibrium nomic optimal output P₁ paper Pareto optimal percent period Ph.D Phillips curve portfolio problem production profits rate of inflation ratio rational expectations regression regulation relative REVIEW When Writing risk aversion sector spells spot price subsidy Table tariff theory tion tive trade uncertainty unem unemployment University utility function variable wage Writing to Advertisers yields zero